Tomonobu Itagaki has sent out a press release today stating that he's reached a settlement with his former employer Tecmo. Itagaki's press release doesn't give away any specifics about the terms of the settlement.
Itagaki-san filed suit against Tecmo in back in June '08, claiming unpaid compensation and "disingenuous statements" from then Tecmo CEO Yoshimi Yasuda. Since leaving Team Ninja there's been very little word from the Ninja maestro. In a separate message addressed to fans however, Itagaki thanked his supporters and said the following:
"I cannot wait for the day when I can announce to everyone the new title that I'm currently conceiving."
He also promised:
"world class entertainment" with "a greater depth of play than before."